Introduce of Business / Effect

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  • History
  • agVision
  • agContent
  • agOrganization
  • agPerformance
  • agEffect
  • agUtilization
Economic Effect
  • Suppression of excessive production as well as improvement of supply & demand, stabilization of prices and increase of farmer's income through improvement of related policies
Examples of Stabilizing the Supply and Demand of Agricultural and Livestock Products
  • Analysis of Income Increasing Effect(2001)
    • - Onion (41.3 billion won), autumn Chinese cabbage (16.5 billion won), autumn radish (3.6 billion won), autumn potato (14.7 billion won) and spring potato (16.5 billion won), etc
  • Suppression of Excessive Production(2008)
    • - Induced shipment control and on-site disposal of green onions (large type) by the national association
    • - Determined time and amount of on-site disposal of cabbages of precocious species
    • - Promoted self-reduction of surplus pears and carried out price stabilization measures based on harvest outlook
    • - Stabilized farmgate price of young pumpkins through on-site disposal and shipment control of the surplus
Social Welfare Enhancement Effect of Agricultural Outlook Business
  • Social Welfare Effect : 128.8 billion won (14 items, as of 2006)
    • - Consumer Welfare Effect : 71.6 billion won
    • - Producer Welfare Effect : 57.2 billion won
  • Contribution : 1.1% of the total production value of 11.6164 trillion won